Trump On Solar Panel Trade

In january 2018 the trump administration levied a tariff against imported solar goods under section 201 of the trade act of 1974.

Trump on solar panel trade.

President and one of the main intended beneficiaries of his protection back on jan. Trade court has blocked the trump administration s plan to enact tariffs on a type of two sided solar panel dealing a blow to domestic manufacturers that had sought levies against cheap. The tariff focused on the components of solar panels either the components of solar panels or fully assembled modules and began at 30 gradually declining by 5 percentage points per year over four years. In early 2018 the trump administration imposed steep tariffs on foreign solar panels.

In january 2018 trump imposed a 30 tariff on imported solar panels to combat and compete with china s booming solar industry and ease american producers concerns. Trump s tariffs are estimated to have blocked 10 5 gigawatts of solar capacity from coming on line enough to. Today marks the second anniversary of donald trump s first deployment of tariffs as u s.